Associated tags: REIT, Construction & Property, Forest Products, Natural Resources, RYN, Inc., Rayonier, NYSE, Commercial Building & Real Estate, Other Construction & Property, Webcast
Locations: AUSTRALIA/OCEANIA, NEW ZEALAND, UNITED STATES, NORTH AMERICA, FLORIDA, MCHUGH, US, GEORGIA, CHINA, OREGON
Other Construction & Property,
Forest Products,
Residential Building & Real Estate,
Commercial Building & Real Estate,
Natural Resources,
Construction & Property,
REIT,
Net,
Real estate,
Acceleration,
Insurance,
Large,
Webcast,
Carbon,
HBU,
Public expenditure,
CAD,
Wood,
Adjustment,
GAAP,
Growth,
Silviculture “Overall, we delivered modestly improved first quarter results relative to the prior year quarter, which were in-line with our expectations at the start of the year,” said Mark McHugh, President and CEO.
Key Points:
- “Overall, we delivered modestly improved first quarter results relative to the prior year quarter, which were in-line with our expectations at the start of the year,” said Mark McHugh, President and CEO.
- First quarter Adjusted EBITDA4 of $44.8 million was 5%, or $2.0 million, above the prior year period.
- First quarter sales of $25.2 million decreased $9.2 million, or 27%, versus the prior year period.
- First quarter Adjusted EBITDA4 of $4.7 million was 34%, or $2.4 million, below the prior year period.
Retrieved on:
Wednesday, April 10, 2024
Rayonier Inc. (NYSE:RYN) plans to release its first quarter 2024 earnings after the market closes on Wednesday, May 1, 2024.
Key Points:
- Rayonier Inc. (NYSE:RYN) plans to release its first quarter 2024 earnings after the market closes on Wednesday, May 1, 2024.
- Rayonier will host a conference call and live audio webcast at 10:00 a.m. (ET) on Thursday, May 2 to discuss these results.
- A replay of the webcast will be archived on the Company’s website and available shortly after the call.
- Investors may listen to the conference call by dialing 888-604-9366 (domestic) or 517-308-9338 (international), passcode: RAYONIER.
Retrieved on:
Wednesday, February 28, 2024
Rayonier Inc. (NYSE: RYN), a leading timberland REIT, will host an Investor Day in New York City today starting at 9:00 AM ET as previously announced.
Key Points:
- Rayonier Inc. (NYSE: RYN), a leading timberland REIT, will host an Investor Day in New York City today starting at 9:00 AM ET as previously announced.
- Presentations will cover several key topics, including the Company’s upcoming leadership transition, its plan to execute on emerging opportunities for land-based solutions, the value creation potential of its real estate development platform, an overview of its high-quality timberland portfolio, and an update on its initiatives to enhance shareholder value announced on November 1, 2023.
- A live webcast of the presentation, along with the presentation materials, will be available at https://ir.rayonier.com at the start of the event.
- For those who are unable to watch the live webcast, an archived copy of the webcast will be available following the conclusion of the event.
Retrieved on:
Wednesday, February 21, 2024
REIT,
Natural Resources,
Other Construction & Property,
Construction & Property,
Forest Products,
Carbon,
CCS,
Carbon dioxide,
ExxonMobil,
CO2,
RYN Rayonier (NYSE:RYN) today announced that it has entered into additional underground pore space lease agreements with ExxonMobil covering approximately 33,000 acres of timberlands in the United States.
Key Points:
- Rayonier (NYSE:RYN) today announced that it has entered into additional underground pore space lease agreements with ExxonMobil covering approximately 33,000 acres of timberlands in the United States.
- These leases increase Rayonier’s total acres under pore space lease agreements with ExxonMobil to approximately 59,000 acres.
- ExxonMobil owns and operates the largest carbon dioxide (CO2) pipeline network in the United States, enabling a cost-efficient transportation system that accelerates carbon capture and storage (CCS) deployment for both ExxonMobil and third-party customers.
- “We are pleased to have this relationship with ExxonMobil, the leader in carbon capture and storage in the US.
Retrieved on:
Tuesday, February 20, 2024
Rayonier (NYSE:RYN) announced today that Mark McHugh, President and Chief Financial Officer, will present at the Raymond James 45th Annual Institutional Investors Conference on Monday, March 4, 2024 at 3:25 p.m.
Key Points:
- Rayonier (NYSE:RYN) announced today that Mark McHugh, President and Chief Financial Officer, will present at the Raymond James 45th Annual Institutional Investors Conference on Monday, March 4, 2024 at 3:25 p.m.
- ET, and at the Citi 2024 Global Property CEO Conference on Tuesday, March 5, 2024 at 2:10 p.m.
- To access both events, participants can visit the Investor Relations section of Rayonier’s website at www.rayonier.com and follow the registration links.
- The webcasts will be available for replay on the company’s website shortly after the live events.
Retrieved on:
Thursday, February 15, 2024
Rayonier Inc. (NYSE:RYN) announced today that the Company’s board of directors has declared a first quarter cash dividend of $0.285 per common share.
Key Points:
- Rayonier Inc. (NYSE:RYN) announced today that the Company’s board of directors has declared a first quarter cash dividend of $0.285 per common share.
- The dividend is payable on March 28, 2024, to shareholders of record on March 14, 2024.
- The Company also announced today that the Company’s board of directors, in its capacity as the board of directors of the general partner of Rayonier, L.P., has declared a first quarter cash distribution of $0.285 per operating partnership unit.
- The cash distribution is payable on March 28, 2024, to holders of record on March 14, 2024.
Retrieved on:
Wednesday, January 31, 2024
Retrieved on:
Wednesday, January 17, 2024
Rayonier Inc. (NYSE:RYN) announced today the tax treatment of the Company’s 2023 dividend distributions on its Common Stock CUSIP 754907103.
Key Points:
- Rayonier Inc. (NYSE:RYN) announced today the tax treatment of the Company’s 2023 dividend distributions on its Common Stock CUSIP 754907103.
- The dividends, totaling $1.34 per share, were paid as follows: $0.285 on March 31, 2023; $0.285 on June 30, 2023; $0.285 on September 29, 2023; $0.285 on December 29, 2023; and $0.20 on January 12, 2024.
- The $1.34 per share dividend is classified for income tax purposes as 100% Capital Gain Distribution and 0% Non-dividend Distribution.
- The following table summarizes the income tax treatment of the Company’s 2023 dividends.
Retrieved on:
Thursday, January 11, 2024
Climate Change,
Commercial Building & Real Estate,
Construction & Property,
REIT,
Professional Services,
Forest Products,
Environmental, Social and Governance (ESG),
Natural Resources,
Green Technology,
Environment,
Sustainability,
Carbon,
RYN,
Paris Agreement,
Steiner's Taxonomy of Tasks,
Climate change,
Rayonier,
Organization,
Climate,
Inc.,
Renewable energy Rayonier Inc. (NYSE:RYN) announced today its commitment to The Climate Pledge, reinforcing our dedication to a sustainable and environmentally responsible future.
Key Points:
- Rayonier Inc. (NYSE:RYN) announced today its commitment to The Climate Pledge, reinforcing our dedication to a sustainable and environmentally responsible future.
- The Climate Pledge encourages businesses worldwide to take immediate and impactful action to combat climate change.
- By signing The Climate Pledge, Rayonier joins a growing community of over 460 companies that are committed to achieving net-zero carbon emissions by 2040, a decade ahead of the Paris Agreement's target.
- As part of our commitment to The Climate Pledge, Rayonier will:
Measure and report: We will continue to measure our carbon emissions accurately and transparently, ensuring that we have a clear understanding of our environmental impact.
Rayonier Inc. (NYSE:RYN), a leading timberland REIT, today announced that it will host an Investor Day in New York City on Wednesday, February 28 at 9:00 AM ET.
Key Points:
- Rayonier Inc. (NYSE:RYN), a leading timberland REIT, today announced that it will host an Investor Day in New York City on Wednesday, February 28 at 9:00 AM ET.
- The event will include formal presentations, multiple Q&A sessions, and a lunch reception with the leadership team.
- Due to space limitations, the number of in-person attendees is limited, and pre-registration is required for in-person attendance.
- A live webcast will be available at www.rayonier.com at the start of the event.
